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The Global Properties platform offers more than 3 options for foreign buyers interested in Canadian properties for sale in residential complexes for investment or living. Use the advanced search system with dozens of filters to find the best property and sort the results based on your priorities. Review the information on your selected property carefully and contact the seller to discuss the possibility of closing the deal. Contact details of developers and agencies are provided in each listing.
- Minimum price for properties for sale in a Chile residence complex: $65000.
- Maximum price: $2.8 million.
Buying houses or apartments in Chile does not automatically grant residency. Wealthy foreigners can legalize their stay in the country through capital investments in the economy. To participate in the program, when buying property in a residential complex in Chile, prices from developers must be at least $500,000. The funds can be invested through a registered organization in Chile or an international project approved by the local Ministry of Foreign Affairs. The residency permit issued this way is valid for 2 years.
Foreigners receiving passive income from sources outside of Chile can apply for a rentier visa. Foreign monthly income must exceed $1,500.
Residential projects in Chile
The process of purchasing real estate in Chile involves the following steps:
- Obtaining a Rol Único Tributario (RUT). To conduct any real estate transaction, a foreigner must obtain an RUT, which is a tax identification number.
- Selecting the property. Use the Global Properties platform to find a suitable property and contact the seller.
- Conducting due diligence. Due diligence includes a thorough legal check of the property’s status. It’s recommended to hire a lawyer to ensure the property is free from liens, encumbrances, or legal disputes.
- Signing the contract. The next step is signing a legally binding sales contract with the seller, which outlines the terms of the sale, including price, payment schedule, and any other related details. Typically, the contract is drafted and reviewed by the buyer’s lawyer.
- Registering the property. After signing the agreement, the property must be registered under the buyer’s name at the local Property Registry, formalizing the transfer of ownership.
- Paying related taxes and fees. The buyer must pay the registration fee, notary fees, and any other related costs.
When purchasing real estate in a property development in Chile, choosing the right location is crucial as it can impact both the owner's comfort and potential rental income. Some of the most popular locations include:
- Santiago. One of the best places to live in South America. Each district of the capital has its unique character. Santiago is home to more than 6 million people (45% of the country’s population) and offers everything from government institutions and international company offices to an established public transport system, universities, restaurants, shopping centers, and cultural venues.
- Valparaíso. A port city known for its steep hills and colorful houses. In 2003, it was declared a UNESCO World Heritage Site. Artists, poets, students, Chileans, and foreigners unite here to create a bohemian art space. The city is also an important trade hub, home to the headquarters of several major Chilean and international companies.
- La Serena. This city is situated between the desert and the ocean, offering breathtaking views. Its colonial architecture and well-maintained beaches attract tourists from around the world. Many observatories take advantage of the clear skies above this location. As a result, many expats living in the city work or study in fields related to astronomy.
Properties for sale by developers in Chile for investment
Foreigners can buy property in new residential projects in Chile without any obstacles, thanks to the country’s open legal framework regarding property ownership. The civil code, which governs property rights, treats foreign nationals and Chileans equally. The only restriction applies to properties located in border areas, but foreigners can bypass this restriction by obtaining special permission from the Ministry of National Defense.
Why foreign investors decide to buy property in development projects in Chile:
- Stable economy and open property rights system that provides a secure investment environment.
- Real estate market with growth potential.
- Favorable climate.
- Developed tourism industry.
- Welcoming attitude towards foreigners.
These factors ensure high returns for owners of apartments and houses in Chile, whether through resale or rental. The highest profits come from properties located in coastal areas and major cities with developed infrastructure.
Real estate in residential in Chile
The Global Properties website features the best listings of real estate in new buildings in Chile at developer prices in Chile. The database of residential and commercial properties, and land plots is updated daily, ensuring that users have access to only the most up-to-date offers with accurate details, prices, and photos. Take advantage of our online platform’s functionality to find a property that perfectly matches your preferences and investment goals today!